Silverbird announces Stu Bailey as new CPO
UK-based fintech Silverbird has appointed Stu Bailey to the position of chief product officer (CPO).
Stu Bailey joins Silverbird as CPO
Bailey, who joins the company “in a time of walls going up between countries”, will be supporting its international growth and infrastructure scaling.
Founded in 2020, Silverbird offers business accounts built specifically for the international trade operations of small and medium-sized enterprises (SMEs). Users can hold, send, receive and convert high-value business payments to and from around 200 countries worldwide.
While the service supports over 30 different currencies and incurs no transaction limits, it also offers a digitally-native onboarding process whereby documentation is managed electronically.
These features form the platform’s efforts to ensure that the SME community is financially included and is able to access the services they require.
The fintech’s advent comes as a response to the failings of the traditional banking system in catering for SMEs’ need for international B2B payments, namely in entry barriers and unaffordable transfer fees.
Bailey’s appointment will seek to assist Silverbird founder and CEO, Max Faldin, in “liberating cross-border trade” for SMEs.
He joins the company as CPO following a nearly seven year career serving in the same position for CurrencyCloud, a cloud-based platform with very similar ambitions to those of his newfound peers.
According to Faldin, Bailey has “extremely relevant experience from his previous work with CurrencyCloud, our major banking partner”.
